it's a bridge to renewable energy, renewable energy's going to take a long time. if we move to gas, there's tremendous benefits in terms a cleaner energy on the way to renewable energy future. if we could get those things done, steve, this would be transformational for the economy. we have not been able to act on these things even though, as i said earlier, that's wide con consensus on the directions. >> thank you, michael. jumping to doug and steve for a moment and just poke holes in this a second. if we roll back time just before the financial crisis, look at the u.s. debt position; douglas holtz-eakin out there bitching about that already, and john mckane and others had been, but it's worse today. if you look at debt in a different way, private sector debt, the fact that -- forget government debt, but government debt's worse, but before the financial crisis, private sector debt was 160% of gdp in the united states. despite the miss of deleveraging, we are back to 8% of gdp. we have a crisis mode, structural corruption between regulators and financial institutio